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Blockchain Report
Member since: 2025-03-22
Blockchain Report
Blockchain Report 59m

🇪🇸 Spain clarifies Crypto: Self-custody is NOT reportable via Modelo 721! The Spanish Tax Agency (AEAT) updated its reporting FAQs. If YOU control your private keys (self-custody), your crypto assets abroad are EXEMPT from Modelo 721. Reporting is ONLY required if: 1️⃣ Private keys are held by a 3rd party custodian. 2️⃣ That custodian is NOT a Spanish tax resident or has no permanent establishment in Spain. Threshold: This applies to Spanish tax residents whose total overseas crypto assets exceed €50,000 on Dec 31st. This brings clarity for self-custodied digital asset holders in Spain. #crypto #Spain #tax #regulations #blockchain #bitcoin #ethereum

Blockchain Report
Blockchain Report 3h

REX Shares and Osprey Funds have updated their applications with the U.S. Securities and Exchange Commission (SEC) for a staked SEI Exchange-Traded Fund (ETF), proposing an effective date of October 23. The proposed ETF aims to offer spot exposure to SEI and incorporate a staking mechanism. Concurrently filed ETF applications also involve other assets, including NEAR, HYPE, and AVAX. #crypto #blockchain #news

Blockchain Report
Blockchain Report 47m

MEXC CEO addresses API key security incident. Platform customer service identified and froze affected account, assisted user with email/2FA recovery. Residual API keys allowed attacker to transfer funds before full containment. MEXC is investigating root cause and has provided full compensation to affected user. "We don't believe affected users should bear the burden of such losses," stated CEO Vugar Usi. A dedicated team is handling the event. #MEXC #security #compensation

Blockchain Report
Blockchain Report 52m

An early Ethereum investor has sold another 1,000 ETH, having originally purchased the tokens eight years ago for $18.80 each. According to Lookonchain, the address acquired 3,000 ETH approximately eight years ago for a total of $56,500. Today, the holder sold 1,000 ETH for approximately $2.68 million. This marks a total of 2,000 ETH sold to date, at an average price of $3,096 per ETH, yielding roughly $6.19 million. The investor currently holds 1,000 ETH, valued at approximately $2.67 million. #crypto #blockchain #news

Blockchain Report
Blockchain Report 53m

Anthropic is reportedly considering an Initial Public Offering (IPO) with a valuation of $2 trillion, according to a report by TheEnergyMag. This move comes after the artificial intelligence company incurred $7.3 billion in computing power expenses. #crypto #blockchain #news

Blockchain Report
Blockchain Report 1h

Relay Protocol ($RELAY) acknowledges API vulnerability enabling sandwich attacks on user txs. ~5.6k users impacted, ~$136k in attacker profits. Relay will fully compensate all affected users ($312k estimated total), funds transferred directly to wallets. Bug bounty paid to Outputlayer. #cryptonews #blockchain #security

Blockchain Report
Blockchain Report 1h

Meme coin market sees a slight dip, trading volume down 4.0% to $431M in 24hrs (as of Sep 29, 2026, 10 AM). Solana leads with $214M, Robinhood $142M, BNB $59.3M. Top coins: CASHCAT, PONS, PAID. Notably, BNB ecosystem Meme coin volume surged 119.9%. Wu Blockchain warns of extreme volatility & high risks in Meme coins. #memecoins #crypto #Solana #Robinhood #BNB

Blockchain Report
Blockchain Report 3h

Aave founder Stani Kulechov is considering an AAVE token burn for Aavenomics 3.0. This is part of ongoing reforms to Aave's tokenomics, which have previously included buybacks and Safety Module adjustments. Details on the burn mechanism, including its method, scale, and funding, are not yet public. #crypto #blockchain #news

Blockchain Report
Blockchain Report 4h

Arbitrum Foundation launches Security Program to subsidize smart contract audits for teams building on Arbitrum. Covers testnet, mainnet, cross-chain migrations, and independent Arbitrum chains. Partnering with security firms like OpenZeppelin, Trail of Bits, Cyfrin, and Nethermind. #Arbitrum #security #smartcontracts

Blockchain Report
Blockchain Report 4h

Canadian national Aiden Pleterski, who has dubbed himself the "Crypto King," is set to face criminal charges in the Ontario Superior Court of Justice on October 5. Pleterski is accused of defrauding investors of approximately $30 million between 2021 and 2022 by promising high weekly returns. Canadian authorities brought charges of fraud and money laundering against him in May 2024. His previous request for a trial extension to hire legal counsel was denied. The trial is anticipated to last around four weeks, with a potential sentence of up to 14 years imprisonment for each fraud conviction. #crypto #blockchain #news

Blockchain Report
Blockchain Report 5h

Coinbase gets CFTC approval for Coinbase Clearing LLC, its own Derivatives Clearing Organization (DCO). This completes their derivatives infrastructure, joining Coinbase Financial Markets (FCM) & Coinbase Derivatives (DCM). Coinbase Clearing will offer 24/7 settlement with USDC collateral, allowing direct creation & settlement of fully collateralized contracts. Some products like margin derivatives & upcoming single-stock perpetual futures will still use existing partnerships. #crypto #blockchain #news

Blockchain Report
Blockchain Report 5h

Crypto PAC "Defend American Jobs" injects $11.4M into Ohio Senate race, backing Republican Jon Husted & opposing Democrat Sherrod Brown. This is part of Fairshake's $30M allocation, funded by crypto giants like Coinbase & Ripple. Brown has a history of opposing crypto-friendly policies. #crypto #blockchain #news

Blockchain Report
Blockchain Report 5h

US Prosecutors seek to seize 110,270 USDT via civil forfeiture, alleging it's linked to an account takeover fraud scheme. Authorities claim a victim was tricked by fake texts impersonating Coinbase into revealing login details, leading to unauthorized fund transfers. The seized assets are suspected to be proceeds of telecommunications fraud. The court will ultimately decide the assets' fate. Allegations remain unproven. #crypto #blockchain #news

Blockchain Report
Blockchain Report 9h

World Assets closed $49M in OTC sales with a 1-year lock-up. Settlements ongoing, remaining WLD tokens expected this week. #crypto #blockchain #news

Blockchain Report
Blockchain Report 17h

Compound community accuses Compound Foundation of misusing 8.42M DAI from reserve funds. A community member alleges DAI was moved to an exchange, converted to ~344,780 COMP, then returned to a Safe. Voting rights were delegated to the Foundation, enabling participation in governance votes for Proposals 580 & 582. This allegedly violates Proposal 536, which stated funds should be DAO-owned & used only for protocol operations, not independent trading. Compound Foundation has not yet responded. #crypto #blockchain #news

Blockchain Report
Blockchain Report 11h

Altcoin spot volumes are surging, hitting nearly 4x Bitcoin levels, the highest since Sep 2025, per Glassnode. This heightened risk appetite often precedes interim Bitcoin tops, suggesting capital rotation into altcoins for higher returns. A familiar pattern before temporary Bitcoin peaks. #altcoins #bitcoin #crypto #trading

Blockchain Report
Blockchain Report 15h

Citigroup partners with Coinbase to enable corporate clients to accept stablecoin payments. This collaboration leverages Coinbase's digital asset infrastructure, marking a significant step for Citigroup in the digital asset sector and bridging traditional banking with evolving digital finance. #Citigroup #Coinbase #Stablecoin #DigitalAssets #Fintech

Blockchain Report
Blockchain Report 19h

Bitget CEO Gracy Chen addressed the recent security incident during a community live stream, attributing the breach to a third-party product vulnerability that led to the theft of internal network credentials. According to Chen, hackers exploited this loophole to forge withdrawal commands to the wallet system, bypassing risk verification and executing unauthorized transfers. She emphasized that no private keys were compromised and the cold wallets remain unaffected. Detailed technical specifications will be provided in an upcoming security report. Chen confirmed that the financial losses incurred are within the coverage of Bitget's protection fund. The exchange plans to replenish the fund to a baseline of $300 million within one week. Bitcoin withdrawals have resumed, with Ethereum and USDT withdrawals scheduled to be restored according to previously announced timelines. #crypto #blockchain #news #BTC #Bitcoin

Blockchain Report
Blockchain Report 1d

Zano Blockchain rolled back ~1 month of history (from block 3,833,000) due to a Gateway Address vulnerability. This incident caused unauthorized circulation of ZANO & fUSD tokens. Transactions from the affected period are now void. Core functionalities remain unaffected. Zano is working with impacted projects and will announce compensation plans. #Zano #Blockchain #Security

Blockchain Report
Blockchain Report 2d

Meme coin markets surged 24hr, hitting $538M+ trading volume! Solana led with $364M. Base network saw massive 578.6% daily growth. Top tokens: PAID, e/acc, PONS. Note: extreme volatility & risk. Do your own research! #memecoins #DeFi #crypto #Solana #Base

Blockchain Report
Blockchain Report 2d

GoPlus Security attributes Bitget's $387.5 million exploit to a compromised signature trust chain rather than a private key leak. The analysis reveals attackers infiltrated key backend systems to forge transaction data, enabling Bitget's own authorization process to generate valid signatures for unauthorized transfers. GoPlus noted a roughly two-hour and twenty-five-minute window for fund transfers, with a significant $185 million moved in approximately one minute. The security firm has blacklisted the attacker's addresses and shared this information with ecosystem partners. GoPlus also identified a structural risk in the signature chain, similar to a 2025 Bybit incident. However, Bitget has not yet released a full technical report, leaving the precise initial intrusion method unconfirmed. #crypto #blockchain #news

Blockchain Report
Blockchain Report 2d

DOGe Founder Leonidas questions Bitget's delisting of DOG amidst withdrawal halts. Following a security incident & suspended withdrawals, Leonidas criticizes Bitget's decision as unreasonable & damaging to users. He notes a significant price divergence on Bitget vs. other exchanges due to this. Leonidas urges Bitget to reverse the delisting & restore spot trading for DOGe. #crypto #blockchain #news

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